Sandfire Competitors
| SFR Stock | 10.27 0.06 0.59% |
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Sandfire Resources Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Sandfire Resources and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Sandfire and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Sandfire Resources does not affect the price movement of the other competitor.
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High positive correlations
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Risk-Adjusted Indicators
There is a big difference between Sandfire Stock performing well and Sandfire Resources Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Sandfire Resources' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| HGL | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| ARG | 0.39 | 0.02 | (0.21) | 11.90 | 0.41 | 0.80 | 1.80 | |||
| RF1 | 0.95 | 0.16 | 0.04 | 1.18 | 1.05 | 1.96 | 6.57 | |||
| ST1 | 2.41 | 0.03 | (0.02) | (1.12) | 3.42 | 5.77 | 26.54 | |||
| TOY | 3.13 | (0.57) | 0.00 | 0.56 | 0.00 | 7.14 | 24.39 | |||
| TPG | 1.07 | (0.05) | 0.00 | (0.13) | 0.00 | 2.01 | 12.35 | |||
| RG8 | 1.16 | 0.20 | 0.01 | (0.27) | 1.44 | 3.09 | 8.61 | |||
| CIN | 0.50 | 0.04 | (0.11) | (0.12) | 0.57 | 1.35 | 4.03 |
Cross Equities Net Income Analysis
Compare Sandfire Resources and related stocks such as Hudson Investment, Argo Investments, and Regal Investment Net Income Over Time
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| HGL | 825 K | (600 K) | 1.2 M | (2.5 M) | (15.1 M) | 1.6 M | 3 M | 3 M | 1.2 M | (335 K) | (205 K) | (344 K) | 1.8 M | 182 K | 172.9 K |
| ARG | 11.9 M | 167.3 M | 175 M | 195.9 M | 228.1 M | 216.3 M | 211.5 M | 218.9 M | 292.7 M | 199.5 M | 174 M | 312.9 M | 271.7 M | 253 M | 137.6 M |
| RF1 | 5.8 M | 5.8 M | 5.8 M | 5.8 M | 5.8 M | 5.8 M | 5.8 M | 5.8 M | 5.8 M | 43.6 M | 174.9 M | (52.4 M) | 55.9 M | 64.3 M | 50.1 M |
| ST1 | 28.1 K | (1.2 M) | (1.8 M) | (1.1 M) | (2.7 M) | (2.3 M) | 468.4 K | 570.6 K | (823.7 K) | (1.5 M) | 1.2 M | (53.2 M) | (11.4 M) | (10.5 M) | (10 M) |
| TOY | 1000 K | (38.2 M) | 10.4 M | 14 M | (35.7 M) | (37.5 M) | (23.9 M) | (33.5 M) | 28.3 M | 7.6 M | (9.3 M) | (3.1 M) | (24.8 M) | (32.7 M) | (31 M) |
| TPG | (201 K) | 91 M | 149.2 M | (655.8 M) | (430.2 M) | (241.8 M) | (177.8 M) | (124.4 M) | (280 M) | 741 M | 110 M | 513 M | 49 M | 56.4 M | 59.2 M |
| CIN | (4 K) | 31.6 M | 32.4 M | 35.3 M | 37.4 M | 41.8 M | 39.7 M | 41.7 M | 38.1 M | 38.1 M | 21 M | 33.8 M | 37.4 M | 38.8 M | 21.3 M |
Sandfire Resources and related stocks such as Hudson Investment, Argo Investments, and Regal Investment Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Sandfire Resources financial statement analysis. It represents the amount of money remaining after all of Sandfire Resources NL operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Sandfire Resources Competitive Analysis
The better you understand Sandfire Resources competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Sandfire Resources' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Sandfire Resources' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Sandfire Resources Competition Performance Charts
Five steps to successful analysis of Sandfire Resources Competition
Sandfire Resources' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Sandfire Resources in relation to its competition. Sandfire Resources' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Sandfire Resources in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Sandfire Resources' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Sandfire Resources, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Complement your Sandfire Resources position
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Computers
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Additional Tools for Sandfire Stock Analysis
When running Sandfire Resources' price analysis, check to measure Sandfire Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sandfire Resources is operating at the current time. Most of Sandfire Resources' value examination focuses on studying past and present price action to predict the probability of Sandfire Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sandfire Resources' price. Additionally, you may evaluate how the addition of Sandfire Resources to your portfolios can decrease your overall portfolio volatility.